Victoria PLC 13.6% potential upside indicated by Berenberg Bank

Victoria PLC with ticker (LON:VCP) now has a potential upside of 13.6% according to Berenberg Bank.



Berenberg Bank set a target price of 1,250 GBX for the company, which when compared to the Victoria PLC share price of 1,080 GBX at opening today (25/11/2021) indicates a potential upside of 13.6%. Trading has ranged between 580 (52 week low) and 1,205 (52 week high) with an average of 319,033 shares exchanging hands daily. The market capitalisation at the time of writing is £1,251,483,849.

Victoria PLC is a United Kingdom-based designer, manufacturer and distributor of flooring products. The Company develops, manufactures and distributes a carpets, ceramic and porcelain tiles, underlay, luxury vinyl tile (LVT), artificial grass and flooring accessories. It also manufactures wool and synthetic broadloom carpets, carpet tiles and hardwood flooring products. The Company’s segments include: the sale of soft flooring products in United Kingdom (UK) & Europe; ceramic tiles in UK & Europe, and the sale of soft flooring products in Australia. The Company has operations in the UK, Spain, Italy, Belgium, the Netherlands and Australia. Its subsidiaries include Abingdon Flooring Limited, Avalon BV, Whitestone Carpets Holdings Limited, Victoria Bidco BV, Saloni UK Limited, Ceramiche Serra S.p.A, Stikatak Limited, Tacktrim Limited, Munster Carpets Limited, V-Line Carpets Limited, Primary Flooring Pty Limited, Quest Flooring Pty Ltd and Thomas Witter Carpets Limited.